5 tips for reducing your fleet costs

Fleet managers are confronted with complex tasks every day. Operating a safe and well-maintained fleet while controlling costs is a major challenge. The key to controlling these costs is to keep things simple. Below you will find five strategies that effectively help to reduce the costs of your fleet.

1. Reduce the number of fleet service providers and equipment suppliers

Connected fleet management, car-sharing, short-term rentals... the number of service providers managing a company's fleet can quickly reach an unmanageable number! Product availability, solution benchmarking, price negotiations, interactions with different parties, fleet managers can quickly lose their heads! 

At Free2Move, we centralise all the solutions within a single entity in order to serve our customers as well as possible! We support you in all your mobility challenges by offering you a portfolio of services dedicated to reducing your fleet costs and improving the mobility of your teams. Take stock of your fleet with a specialist in these issues here.

2. Harmonise the company's car policy

The perception of car fleets has changed significantly over the last few decades. After a focus for many years on the Total Cost of Ownership, which represents all the costs associated with direct and indirect purchases in the course of business, use cases have been transformed into mobility needs, which is how the Total Cost of Mobility came about. The latter covers all the needs of companies in terms of the travel of the teams concerned and is not always monitored as closely. 

At Free2move, our short or long term rental solutions centralise your expenses and allow you to understand your expenses according to the needs of your teams in the field. Moreover, it's a good way to understand your company's trends in terms of mobility and to be able to forecast the future, and therefore reduce costs! 

Not sure which solution to turn to? Our team is ready to answer your questions.

3. Reducing the total tax burden

Resizing the fleet is a way of reducing the amount of taxes to be paid. Indeed, smaller vehicles generally have a lower price and lower sales taxes. In some global markets, especially in Europe, people have to opt for vehicles with low carbon dioxide emissions. This allows fleet managers to take advantage of tax benefits and avoid penalties. Going international can be a huge and multifaceted task. But with the right partners, policies and vehicles in place, operations can be streamlined. They also help harmonize fleet policies and reduce costs. 

In addition, at Free2Move we do not hesitate to reduce the number of vehicles in your fleet. Our Fleet Sharing solution will allow you to significantly optimize and reduce associated costs and meet the mobility needs of all your employees through a car sharing service. Our team of specialists can also assist you in the audit of your fleet to electrify your fleet.

4. Save fuel costs

Fuel cards can be used to fill up at petrol stations. Some of these stations offer discounts. They also usually offer access to online refunding tools. These allow you to track expenses and make intelligent changes to reduce costs. 

But to save fuel costs, you first need a good tool for efficient and accurate recording of fuel consumption. There are many reflexes that need to be corrected in the teams on site: driving fast, sudden braking, unsuitable routing, etc. These habits can be corrected by the feedback of information from boxes installed directly on company vehicles. The fleet manager can not only ensure the safety of the teams, but also achieve an extremely fast return on investment. 

Our networked fleet solution enables you to analyse the driving behaviour of each driver and track the kilometres driven in order to optimise the employees' journeys. Our teams are at your disposal to show you the ROI possible thanks to this solution !

5. Plan maintenance

If small maintenance problems go unnoticed, they quickly turn into big, expensive problems. With a maintenance solution, fleet diagnosis data is transmitted to the office. After the fleet evaluation, maintenance can be planned with configured alarms. This can be used, for example, to warn of the next routine engine oil change and tyre change. 

Failure trends and fleet records can also be tracked. This makes it possible to better monitor and plan the next vehicle maintenance appointment. Effective maintenance planning and management reduces downtime and expensive repairs.  

Reducing the loss rate is a priority for the fleet manager. Thanks to our Connect Fleet service, our partners receive all information from each of their connected vehicles. Savings can only be made thanks to daily monitoring. Do not hesitate to talk to our experts about this.